{"id":64311,"date":"2014-11-26T18:14:40","date_gmt":"2014-11-26T23:14:40","guid":{"rendered":"http:\/\/countingpips.com\/?p=64311"},"modified":"2014-11-26T18:14:40","modified_gmt":"2014-11-26T23:14:40","slug":"why-the-woolworths-ltd-share-price-fell-today","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/11\/why-the-woolworths-ltd-share-price-fell-today\/","title":{"rendered":"Why the Woolworths Ltd Share Price Fell Today"},"content":{"rendered":"
November 26, 2014<\/div>
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By MoneyMorning.com.au<\/u><\/a><\/p>\n

What Happened to Woolworths Ltd\u2019s Share Price?<\/h2>\n

Shares in supermarket retailer Woolworths Ltd [ASX:WOW]<\/strong> lagged a rebounding Aussie stock market today, falling by 0.54%. Earlier today, Woolworths traded down by more than 1.1%.<\/p>\n

Today marks the 12th loss in the past 13 trading sessions for Woolworths shares. Since peaking at $38.51 seven months ago, the stock has shed nearly 20% of its value. That\u2019s a huge move for a company once worth as much as $50 billion.<\/p>\n

Why Did This Happen to WOW Shares?<\/h2>\n

Investors seem to be losing more confidence every day in Woolworths\u2019 ability to take the fight to its arch-enemy Wesfarmers Ltd [ASX:WES]<\/strong>. Wesfarmers\u2019 hardware chain Bunnings is performing strongly, but Woolworths\u2019 Masters chain has been falling further behind for well over a year now. <\/p>\n

In supermarkets, Woolworths seems to be struggling to deal with the rise of new competitors like Aldi and Costco. Investors seem to be betting that a soft outlook at tomorrow\u2019s Woolworths annual general meeting will justify this month\u2019s weak price action. <\/p>\n

What Now for Woolworths Ltd?<\/h2>\n

A behemoth like Woolworths can\u2019t lose market share forever. As soon as investors get an inkling that the ship is starting to turn around, the stock won\u2019t just flatline \u2014 it should rebound. And at these depressed levels, bargain hunters will start to sniff around. <\/p>

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It\u2019s hard to buy stocks when the rest of the market hates them, but that\u2019s the scenario that could be developing at Woolworths.<\/p>\n

Cheers, Tim Dohrmann<\/strong>+<\/strong><\/a>
\nSmall-Cap Analyst, Australian Small-Cap Investigator<\/em><\/strong>
\nJoin Money Morning on Google+ <\/span><\/a><\/strong><\/p>\n

The post Why the Woolworths Ltd Share Price Fell Today<\/a> appeared first on Stock Market News, Finance and Investments | Money Morning Australia<\/a>.<\/p>\n

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\nBy MoneyMorning.com.au<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By MoneyMorning.com.au What Happened to Woolworths Ltd\u2019s Share Price? Shares in supermarket retailer Woolworths Ltd [ASX:WOW] lagged a rebounding Aussie stock market today, falling by 0.54%. Earlier today, Woolworths traded down by more than 1.1%. Today marks the 12th loss in the past 13 trading sessions for Woolworths shares. Since peaking at $38.51 seven months […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-64311","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/64311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=64311"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/64311\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=64311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=64311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=64311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}